RevPAR (Revenue per Available Room)
Hospitality Tips Of The Day. (2)
#hospitalitytipofthedayShare for freshers.
RevPAR (Revenue per Available Room)
RevPAR takes all your rooms into consideration to help you determine the performance of your ADR and occupancy rate.
You can use it to see how well your hotel is performing during a certain period (day, week, month, or year), which makes it one of the key metrics for measuring profitability.
RevPAR Formula
RevPAR = Total Room Revenue / Number of Available Rooms
or
RevPAR = ADR * Occupancy Rate
Example: If your hotel has an ADR of $500 and an occupancy rate of 60%, your RevPAR would be $300.
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